13 Cool Benefits the Best Work From Home Companies Provide
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A lot of companies promise great benefits, but not all of them walk the talk.
Fortunately, there are several work from home companies that are committed to keeping their employees happy — and they offer competitive benefits to make good on their pledge.
At my last company, for instance, the benefits of working from home were just the tip of the iceberg when it came to perks. Some others included,
- 100% covered health insurance
- 401(k) wth a 4% match
- Unlimited paid time off
- Student loan repayment benefit
- Brand new MacBook
- Monthly co-working space membership
- $150 per month for wellness, which I could use on anything from yoga classes to massages
- and more.
Although the company recently got acquired, its HR department taught me a ton about how to support employees in a holistic and meaningful way.
While not every company will go quite this far, the best ones offer robust benefits packages. Here are 13 benefits the best work from home companies offer, allowing you to feel supported as you build your career from whatever location fits your lifestyle.
1. Health insurance
One of the most important benefits for most adults (and the reason several writers I know go full-time, despite their mad freelancing skills) is health insurance. Unfortunately for us Americans, health insurance can be very expensive without an employer subsidizing or covering the cost. Even if you go with a cheap plan, you could find yourself in massive debt if you run into an medical emergency.
The best work from home companies, though, offer competitive health insurance plans with substantial coverage. Online consulting company 10Up, for example, offers health, dental and life insurance to its distributed team. My last company covered 100% of health insurance costs for individuals, as well as a significant portion of the costs for dependents.
As you know, medical insurance can get confusing fast, so the best companies also provide resources for educating yourself on your options. If you’re applying to a remote company, ask about its health insurance options so you can decide if it meets your and/or your family’s needs.
2. 401(k) account with a matching benefit
Wherever you are in your career, it’s important to make saving for retirement a priority. Even if you’re a long way off from retirement, you’ll benefit from starting early and enjoying the exponential growth of compound interest.
The best work from home companies making retirement savings easy by offering a 401(k). This tax-advantaged account lets you save your money for your golden years, and allows it to grow over time.
But unlike an IRA, you can’t open a 401(k) on your own; your employer has to sponsor it. Not only do the best remote companies offer this account, but they also provide a matching benefit.
A company match is basically free money into your 401(k), up to a certain percentage of your income. E-learning solution company Articulate, for instance, offers a 50% match of up to 6% of your salary in its 401(k).
To make the most of this match, you must contribute at least that amount over the year. As long as you do, you’ll essentially get a 100% return on your contribution, and your retirement savings will keep getting bigger.
3. Unlimited paid time off
When exploring the careers pages of remote companies, I found that a lot of them are all about work-life balance. MeetEdgar, which provides social media automation, says,
“We want you to have a life outside the office – and we don’t believe in ‘make your own hours’ policies that end up translating to ‘you’re on call pretty much all the time.’ Clock out at the end of the day and don’t even think about checking on that inbox!”
Plus, a lot of people that flock to these kinds of companies are passionate about travel, and the company culture reflects this desire to explore the world.
That’s why companies like Groove, Knack, and Seeq offer unlimited paid vacation, so you can decide when it’s time to take a break and restore yourself. As Groove says on its careers page, “We don’t count vacation days, and you’ll be measured by the work you get done, not the time you spend doing it.”
Obviously, they expect you to use this policy wisely; taking off every other week, for instance, probably wouldn’t fly. But the best companies aren’t stingy with vacation time, and they encourage you to unplug and take time off when you need it.
4. Home office stipend
Another useful benefit to look for is a home office stipend for new hires. Automaticc, for example, offers reimbursement for home office equipment and supplies.
As with my last employer, some companies will also provide a laptop for you to do your job.
5. Phone and internet reimbursement
Since you won’t be working from an office, you’ll need internet and a phone to get your job done. That’s why some work from home companies will also cover your phone and internet bills.
Doist, which has a team that collaborates across 18 time zones and 20 countries, is one such group that provides home internet reimbursement. If you work for Doist or a team like it, your internet and/or phone bills could be one less expense you have to worry about each month.
6. Health and wellness stipend
Although some organizations claim to care about employee wellness, they don’t do anything to promote it beyond health insurance. But progressive remote start-ups offer a wellness stipend on top of their insurance plans to encourage your health and happiness.
Articulate offers $100 per month for health and wellness, for example, and Malta-based analytics group HotJar provides 200 euros per month to its employees. It also gifts a Fitbit to new hires.
Not only can you say goodbye to the stress of commuting, but you’ll also get to enjoy a gym membership, yoga classes, food delivery, or massages on the company’s dime.
7. Monthly coworking membership
Even though you work remotely, that doesn’t mean you always want to work at home. A coworking space can be a great way to get the quiet, focused atmosphere of an office while still enjoying a flexible schedule.
Plus, you might meet other like-minded remote workers and digital nomads with intriguing jobs and work experience.
Automaticc and Doist are two companies that will cover the costs of your coworking membership.
8. All expenses paid company retreats
Even if a company likes to be remote most of the time, they might still value face to face time once or twice per year.
HotJar, Knack, Seeq, Tortuga, YNAB, Zapier, and Buffer are some groups that bring their teams together on one or two retreats per year. Buffer even goes international; its most recent team retreat was in Singapore.
You’ll get to hang out with your team, as well as explore new cities around the country or even the world. And what’s more, the company will cover the costs of airfare, lodging, and food.
9. The opportunity to attend industry conferences
Industry conferences can be a great opportunity to build your network, learn about new trends in your field, and get inspired about your work.
Some businesses will send you to one or more conferences per year, so you have a chance to learn and maybe even promote your company.
10. Generous maternity and paternity leave
In the U.S., labor laws grant exactly ZERO days of paid maternity leave to new mothers. The Family and Medical Leave Act allows for up to 12 weeks of time off after childbirth or adoption, but it doesn’t require that you’re paid for that time. And only certain employees are even eligible for these 12 weeks.
Compare that to European countries, where employers must offer at least 14 weeks of paid maternity leave — but several countries tend to offer even more.
While a lot of U.S. corporations are the actual worst when it comes to parental leave, you can find some remote ones with generous policies — or at least, generous for the U.S.
If you’re thinking of growing your family in the future, look for companies that offer the paid time off you deserve.
11. Profit-sharing bonuses
Companies make money because of their employees’ hard work, so it makes sense they should share the profits via quarterly or annual bonuses.
Product roadmap software developer Aha offers profit-sharing bonuses to its team, as does web app automation provider Zapier.
This perk shows appreciation, plus it’s an additional incentive for employees to do all they can to help the company succeed.
12. Monthly education stipend
Along with promoting wellness, some remote companies promote their employees’ learning and development with an education stipend.
Buffer, Doist, and HotJar, for example, all offer learning or personal development stipends.
On top of learning on the job, you can expand your skill set with classes or supplement your knowledge with books and talks.
HotJar even takes its commitment to learning a step further by gifting a Kindle Paperwhite to new hires. My last company made the same move.
With your new Kindle, you’ll have the whole world of books at your fingertips — and a light, compact way to carry them around while you travel.
Look for remote companies with generous employee benefits
Many successful work from home companies are committed to redefining the nature of work. And they go the extra mile to support employee happiness with robust benefits packages.
Although not every organization will have all the benefits on this list, some come close. This might seem extravagant, — altogether adding up to thousands or even tens of thousands of dollars on top of your annual salary — but remember that remote companies don’t have to pay for rent or utilities of an office.
They can take the money they save on real estate and invest it back into sweet perks for their team. As a result, they get happy, healthy, committed employees who are excited about their job and eager to help the business succeed.
Overall, it’s definitely a win-win situation. For more options of work from home jobs with benefits, check out these 26 companies with location-independent teams.